Call reports 2004
FARMERS & MERCHANTS STATE BANK — 2004
What FARMERS & MERCHANTS STATE BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 35,453,000 | 37,397,000 | 38,075,000 | 38,013,000 |
| Total loans | 28,627,000 | 30,204,000 | 30,453,000 | 30,926,000 |
| Allowance for loan losses | 443,000 | 449,000 | 411,000 | 373,000 |
| Securities available for sale | 3,399,000 | 4,844,000 | 4,841,000 | 4,790,000 |
| Securities held to maturity | 420,000 | 420,000 | 420,000 | 420,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 31,773,000 | 33,175,000 | 32,325,000 | 33,776,000 |
| Interest-bearing deposits | 28,198,000 | 29,738,000 | 28,304,000 | 29,709,000 |
| Noninterest-bearing deposits | 3,575,000 | 3,437,000 | 4,021,000 | 4,067,000 |
| Equity capital | 3,134,000 | 3,140,000 | 3,181,000 | 3,289,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 488,000 | 984,000 | 1,505,000 | 2,031,000 |
| Interest expense | 133,000 | 270,000 | 406,000 | 584,000 |
| Net interest income | 355,000 | 714,000 | 1,099,000 | 1,447,000 |
| Noninterest income | 31,000 | 73,000 | 119,000 | 160,000 |
| Noninterest expense | 183,000 | 361,000 | 546,000 | 780,000 |
| Provision for loan losses | 10,000 | 16,000 | 25,000 | 34,000 |
| Pretax income | 193,000 | 410,000 | 647,000 | 795,000 |
| Income tax | 72,000 | 147,000 | 256,000 | 286,000 |
| Net income | 121,000 | 263,000 | 391,000 | 509,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,120,000 | 3,162,000 | 3,190,000 | 3,307,000 |
| Total capital | 3,518,000 | 3,558,000 | 3,593,000 | 3,680,000 |
| Risk-weighted assets | 31,098,000 | 31,785,000 | 32,205,000 | 32,397,000 |